Turkey’s crude steel output down 7.6 percent in Nov from Oct

Monday, 19 December 2011 17:24:25 (GMT+3)   |  
       

According to a statement released by the Turkish Iron and Steel Producers' Association (DCUD), in November this year Turkey's crude steel production rose by 12.8 percent year on year to 2.85 million mt, down 7.6 percent month on month after recording an all-time high in October. The reports says that the month on month decrease was dur to the uncertainity in the global markets.

On the other hand, in the first 11 months of 2011, Turkey's crude steel output amounted to 30.99 million mt, increasing by 17.6 percent as compared to the corresponding period of last year.

In the first 11 months of this year, Turkey's steel billet output moved up by 11.4 percent to 22.06 million mt, and its slab output climbed by 36.3 percent to 8.93 million mt, both on year-on-year basis. The share of steel billet in total crude steel production was 71.2 percent, while the share of slab was 28.8 percent.

 

2009

2010

Jan-Nov 2010

Jan-Nov 2011

Year-on year change (%)

Billet

20,524

21,827

19,798

22,061

11.4

Slab

4,779

7,316

6,553

8,930

36.3

Total

25,303

29,143

26,351

30,991

17.6

EAF

17,741

20,905

18,852

22,941

21.7

BOF

7,562

8,238

7,499

8,050

7.3

Tonnage figures are x 1,000 mt.

Steel production using electric arc furnaces increased by 21.7 percent in January-November 2011, while production via blast furnaces rose by 7.3 percent, both compared to the corresponding period of 2010.

On the other hand, the association forecasts Turkish mills' crude steel production for the current year will reach 34 million mt, including 10 million mt of slab


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